5 luxury vacation homes you could exchange with your own

Here’s a luxury travel secret that owners of luxury second homes need to know. Anyone who has a rental property and has looked into the possibility of swapping their home with other like-minded owners will be aware that there’s a plethora of home exchange sites out there. House swapping has seen increasing popularity over the years but the luxury end of the market.

3RD HOME is the new home exchange site that’s turning all of that on its head. Its members include only the finest properties worldwide, with each participating home being carefully reviewed and approved.

Second homeowners with listed properties can exchange time in their own holiday homes for stays in premier luxury destinations the world over. Owners of premium homes can deposit weeks in their homes in order to earn credits – or ‘keys’ – which they can trade for weeks in luxury accommodation in holiday destinations elsewhere.

Doing this prevents the accommodation from being let to anyone outside of the 3RD HOME network but enables the owners to trade the keys they earn with other available properties and in over 40 different residence clubs, including the likes of The Ritz-Carlton Destination Club®.

Second homeowners can apply by visiting the site. The normal initiation fee of $2500 is currently being waived and there are no required annual membership fees. Instead, participants pay a transaction fee of anything from $395 $995 for each week that they travel.